General News
Oil Prices Ease After Overnight Jump
Brent crude, the international standard, fell 1.3% to $107.84 per barrel.
U.S. Lets Russia Oil Sales Waiver Expire in Tight Market
The expiration effectively ends a brief period where the administration eased sanctions on some Russian oil, enabling purchases that would otherwise be barred.
China Agrees to Boost Trade for U.S. Beef and Poultry
The agreements offer some hope to American farmers harmed by the trade war as they saw a major export market for soybeans and other products dry up.
States Court Trucking Industry, Foreign Funding at SelectUSA
Many states represented at the Department of Commerce’s 2026 SelectUSA Investment Summit not only wanted to win business from foreign investors, but also from the nation’s trucking industry.
Decision Point Nears for USMCA Review
Motor carriers are gaming out futures for the United States-Mexico-Canada Agreement and the implications for cross-border freight ahead of its July 1 deadline.
China, US Agree That Hormuz Should be Reopened Quickly
China shares the goal of reopening the Strait of Hormuz with the U.S., though there was no sign of a breakthrough between the superpowers on how to achieve that.
Hyundai Expands Xcient Dealership Network to Canada
Currently, 11 Xcient tractors are operating in Canada, including as part of the BC Hydrogen Ports Project to decarbonize drayage at the Port of Vancouver.
Seko Expands Defense Logistics Reach Through StratDef
Seko Logistics is partnering with StratDef Logistics to support its government, space and defense business in Europe, the Middle East and Africa.
Enforcement Tightens Truck Capacity as Rates Show Early Lift
The trucking industry is seeing a potential supply-driven recovery that was bolstered during the first quarter by increased enforcement.
Industrial Production Rises by Most in Over a Year
The report adds to evidence that the manufacturing sector is holding up even as the Iran war and tariffs drive up input costs.
Oil Prices Head Higher as Trump Wraps Up Beijing Trip
Brent crude, the international standard, rose 2.1% to $107.97 per barrel.
UAE Will Double Oil Export Capacity Bypassing Hormuz by 2027
Abu Dhabi National Oil is accelerating the construction of a pipeline that runs to the port of Fujairah on the Gulf of Oman.
Toyota Files to Build $2 Billion Assembly Plant in Texas
The proposed expansion is part of a trend of global automakers seeking to build manufacturing strategies around U.S. trade policy and shifting consumer demand.
Trump Says He Didn’t Discuss Extending Tariff Truce With Xi
Yet trade ambassador Jamieson Greer said the two sides had discussed creating a “Board of Trade” that would see tariffs reduced on $30 billion in noncritical goods.
Mexico Heavy-Duty Output Rises for First Time in 17 Months
For context, through the first four months of 2026, Mexican heavy-duty vehicle production was 21.97% lower year on year at 41,071 trucks and buses.
Autonomous Trucks Are Here, But When Will They Scale?
Autonomous trucking is shifting from early pilots toward full-scale commercial launches. How quickly might driverless trucks become more widely available?
Trucking Rates Edge Higher as Capacity Tightens in Q1
Spot and contract rates edged higher during the quarter, while many carriers sharpened their focus on internal efficiency and operational improvements.
U.S. Ships Millions of Reserve Oil Barrels Overseas Amid War
Nearly half of the crude oil released from the U.S. Strategic Petroleum Reserve is being exported, a fresh sign of how severely global supplies have tightened.
Ford Rallies 25% in 2 Days on AI-Driven Energy Business Bet
Ford is the latest old economy manufacturing company to be swept up in the hype around AI after the automaker’s pivot toward energy storage sent its stock surging.
House Passes CORCA Cargo Theft Prevention Bill
The House approved the Combating Organized Retail Crime Act as Transportation Secretary Sean Duffy is set to defend President Trump’s fiscal 2027 budget request.